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20th Century Fox takes 4% share in Italy’s T-VOD service Chili

March 4, 2018 08.00 Europe/London By Robert Briel

20th Century Fox has taken a 4% share in Chili, the T-VOD founded by Stefano Parisi and Giorgio Tacchia in 2012, for €6 million.

20th Century Fox is just the latest of the majors joining the company’s stock. Among the other partners are Warner and Paramount, with 4% each, and Sony with 3%. At the end of 2017 coffee producer Lavazza also acquired a larger minority stake, equal to 25% of the shares.

Other shareholders include Fondo Antares (11%), Investinchili (7%), Negentropy with Capiscum (12%) and Tony Miranz, the founder of Vudu (1%).

Chili’s control remains however at Brace, the vehicle created by the two founders Stefano Parisi and Giorgio Tacchia, which holds 30%.

Chili is a T-VOD service which offers cinema previews, new releases, a digital catalogue with over 30,000 films and TV series.

Chili offers current movies from €3.99 for rent and from €9.99 as a download-to-own proposition. Series are available from €1.99 per episode. The titles are provided in SD and HD quality, with selected titles inn Ultra HD/4K.

The OTT service can be accessed via the open internet, through apps (iOS/Android), Google Chromecast and connected TV sets from Samsung, Toshiba, LG, Philips, Panasonic, Sony and HiSense.

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Filed Under: Connected TV, Finance, Newsline, On Demand/VOD Tagged With: 20th Century Fox, Chili, Italy Edited: 5 March 2018 11:19

About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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